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>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the board. what we are saying -- >> i hope i get time to respond-- >>> you will get time. >> we want to work with congress on how best to achieve this. >> martha: no specifics? >> lower tax rates 20%, start with the wealthy. work with congress to do it? >> martha: you guarantee this math will add up. >> six studies have guaranteed and verified. >> martha: vice-president -- [overlapping dialogue] >> let me translate. let me have a chance to translate. >> first of all, i was there when ronald reagan tax rates and he gave specifics of what he was going to cut, number 1 nterms of tax expen
>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the...
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Oct 12, 2012
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to work with congress, that means specifically. >> no specific. >> what we're saying is lower tax rates 20%. >> and you guarantee this math will add up. >> six studies have guaranteed and said this math adds up. >> let me translate. >> i'll come back in a second, right? >> i was there when ronald reagan you gave tax rates, he gave specifics of what he would cut in terms of taxan expenditures. 90% of small businesses in america make less than 250,000. let me tell you who other small businesses are. hedge funds, that make $600, $800 million a year. that will count as small b
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to...
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Oct 12, 2012
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>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of taxation. >> can i translate? >> so we can lower tax rates across the board. here's why i'm saying this. what we're saying -- >> i hope i'm going to get time to respond to this. >> you'll get time. >> we want to work with the congress on how best to achieve this. that means successful. >> no specifics -- >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math will add up? >> absolutely. six studies guaranteed, verified this math adds up. >> vice president biden? >> let me translate. let m
>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of...
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Oct 12, 2012
10/12
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with congress on how best to achieve this. that means successful -- >> no specifics, again. >> what we're saying is lower tax rates 20%. start with the wealthy. work with congress. >> can you guarantee this math will add up? >> absolutely. >> six study advisory guaranteed. six study advisory verified this math adds up. >> vice president biden. vice president biden. >> let me translate. let me have a chance to translate. >> i'll come back in a second then, right? >> i was there when ronald reagan -- he gave specifics to what he was going to cut, number one, in terms of tax expendit
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with...
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Oct 12, 2012
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. and they worked together to fix that. what we're saying is, here's our framework, lower taxerates about 20%. we forego about 1.1 trillion in loopholes and deductions. whoa we're saying is deny those loopholes and deductions to higher income taxpayers to more of their income is taxed. so we can lower tax rates across the board. here's why i'm saying this. >> i hope i'm going to get time to respond to this one. >> you'll get time. >> we want to work with congress on how to achieve this. >> no specifics? >> lower tax rates 20%. start with the wealthy. work with congress to do it. >> you guarantee this math will add up? >> six studies have guaranteed. six study have verified this math adds up. >> let me have a chance to translate. i was there when ronald reagan gave specifics on what he would cut. number two, 97% of small businesses in america make less than $250,000. let me tell you who some of the small businesses are. hedge
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. and they worked together to fix that. what we're saying is, here's our framework, lower taxerates about 20%. we forego about 1.1 trillion in loopholes and deductions. whoa we're saying is deny those loopholes and deductions to higher income taxpayers to more of their income is taxed. so we can lower tax rates across the board. here's why i'm saying this. >> i hope i'm...
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Oct 7, 2012
10/12
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ronald reagan signed on to one of the largest -- one of the largest tax increases -- >> that was a tax -- >> that's why -- >> kept it from exploding. >> worked out -- >> you have to have some notion of what you want to do. >> the issue here is that, you know, romney has not put any of the details out. that is true. he's thrown some ideas. he said he's going to balance the budget in seven to ten years while doing tax reform, while increasing defense spending, not touching medicare, i mean there's a lot of things that don't add up but because romney has not given the details doesn't give the president the right to make them up for him. he is not going to have a $5 trillion net tax cut. >> absolutely good at details -- >> that's not his plan. >> but i think to say there's a $5 trillion tax cut to be offset by mystery meat. you know, that's a correct statement. >> or -- >> there's a $5 trillion tax cut, well, we don't know what it is he's going to do but what he proposed is a $5 trillion tax cut plus he says, trust me, i'll do something different. >> what can be more legitimate in saying y
ronald reagan signed on to one of the largest -- one of the largest tax increases -- >> that was a tax -- >> that's why -- >> kept it from exploding. >> worked out -- >> you have to have some notion of what you want to do. >> the issue here is that, you know, romney has not put any of the details out. that is true. he's thrown some ideas. he said he's going to balance the budget in seven to ten years while doing tax reform, while increasing defense spending,...
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Oct 11, 2012
10/12
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reagan made many years ago. you get lower tax rates. your take home pay for education, for your work, for your home, for your mortgage, that really matters. i hope, and i'm going to ask you, will ryan follow in romney's footsteps, because i thought for the very first time romney really made that case last week, and it's helped him shoot up in the polls. >> oh, i think he l.as you know, paul ryan worked for jack kemp at empower america. he worked for castin who is one of the original supply-siders. he gets this stuff in the very heart of his being, and it's an important story to tell that in fact, if you look at the price of gasoline. obama has failed. if you look at the unemployment rate, obama has failed. the answer is not austerity. the answer is growth. if you have growth, can you mop up a lot of your problems, be prudent about spending, get back to a balanced budget which has only occurred in your lifetime because of a republican congress. >> last one, we're kind of short of time, but if biden starts crowing
reagan made many years ago. you get lower tax rates. your take home pay for education, for your work, for your home, for your mortgage, that really matters. i hope, and i'm going to ask you, will ryan follow in romney's footsteps, because i thought for the very first time romney really made that case last week, and it's helped him shoot up in the polls. >> oh, i think he l.as you know, paul ryan worked for jack kemp at empower america. he worked for castin who is one of the original...
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Oct 12, 2012
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>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on $20 million. someone making $50,000 paid more than that. do you think that's fair? he said oh, yes, that's fair. that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, the reason why. aei study, the american enterprise institute study, the tall policy center study, the reason they say taxes are going up on the middle class, the only way you can find $5 trillion in loopholes is cut the
>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on...
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Oct 12, 2012
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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> he is wrong about that. >> not mathematically possible. >> it has been done before. >> it has never been done before. >> it has been done a couple of tim
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage...
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Oct 12, 2012
10/12
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>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it was about 10 days ago-- was asked, governor you pay 14% on $20 million. someone making $50,000 pays more than that. do you think that's fair? he said oh, yes, that's they are, that's fair. and they're going-- you think these guys are going to go out there and cut those loopholes. the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. there's not enough it's reason why the a.a.i. study, the american enterprise institute study, the tax policy study, the reason they say taxes will go up on the mid
>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it...
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Oct 12, 2012
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look at ronald reagan, it gets right down to it, these horrible tragedies occur -- neil: you don't think it is an issue that drives and -- [talking over each other] >> let's get to the bottom of the facts. neil: senator, maybe you can enlighten me. when vice president biden was talking about those of the upper income, those earning a million dollars or more, the party has argued it is the 250,000-dollar threshold. the vice president just raise that? >> you referred to both because both have been debating and voting on the senate. but the position of the administration, which biden said clearly, turning the paul ryan, why won't you a least let us preserve the middle class tax cuts for those making under $250,000. neil: he kept mentioning 1 million. >> there were several illustrations there. neil: so was he talking about the change of the administration? >> i don't think so. we voted on both plants. the most recent preserve the tax cut for those -- neil: so it's not a million comments 250,000? >> i still do. i still think so. the republican filibuster stopped us from preserving these middl
look at ronald reagan, it gets right down to it, these horrible tragedies occur -- neil: you don't think it is an issue that drives and -- [talking over each other] >> let's get to the bottom of the facts. neil: senator, maybe you can enlighten me. when vice president biden was talking about those of the upper income, those earning a million dollars or more, the party has argued it is the 250,000-dollar threshold. the vice president just raise that? >> you referred to both because...
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Oct 14, 2012
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. >> reporter: swept into congress under ronald reagan in 1980, but specter's views supporting immigration rights, abortion and gun control made him too liberal for the tea party movement. under assault, he bolted to the democratic party. >> my change in party will enable me to be re-elected. >> reporter: but specter lost. >> it's been a great privilege to serve the people of pennsylvania. >> reporter: he knew controversy well, at the warren commission, he wrote the single bullet theory that explained how lee oswald acting alone assassinated john f. kennedy. he angered many women after the spectacle around anita hill. but specter is also remembered for his wit and his devotion to the senate. >> i lead with great optimism for the future of our country, a great optimism for the continuing vital rule of the united states senate and the governance of our democracy. >> arlen specter was 82. >>> we turn now to that outbreak of meningitis cases tied to steroid injections from a pharmacy in massachusetts. today the cdc said the number of cases has risen to 205 in 14 states. all this is bringing ne
. >> reporter: swept into congress under ronald reagan in 1980, but specter's views supporting immigration rights, abortion and gun control made him too liberal for the tea party movement. under assault, he bolted to the democratic party. >> my change in party will enable me to be re-elected. >> reporter: but specter lost. >> it's been a great privilege to serve the people of pennsylvania. >> reporter: he knew controversy well, at the warren commission, he wrote...
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Oct 12, 2012
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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses pay less than -- make less than $250,000. adds funds -- hedge funds that makes $600 million a year. let's look at how sincere they are. governor romney, 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 paid more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the study, the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion and loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> she is wrong about that. you can still preserve these -- he is wrong about that. >> not mathematically possible. >> it has been
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses pay less than -- make less than $250,000. adds funds -- hedge funds that makes $600 million a year. let's look at how sincere they are. governor romney, 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 paid more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take...
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Oct 7, 2012
10/12
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when ronald reagan ran for office, he laid out the principles he was going to foster. he said he was going to lower tax rates. he said he was going to broaden the base. have you said the same thing, simplify the tax code, broaden the base. i want to bring down the tax burden on middle-income families. i will work with congress to say, what are the ways to bring down deductions? one way would be to have a single number -- make up a number, 25,000 -- 50,000, anybody can have deductions up to that amount. and that number disappears for high-income people. one could follow bowl etion-simpson and make deductions that way. there are alternatives to the objective i have, which is to bring down rate, broaden the base, simplify the code and create incentives for growth. with regard to health care, you have remarkable details with regard to my pre-existing plan. you studied up on my plan. i do have a plan for pre-existing conditions. what we did in massachusetts is a model for the nation -- state by state. i said that at that time. the federal government taking over health care
when ronald reagan ran for office, he laid out the principles he was going to foster. he said he was going to lower tax rates. he said he was going to broaden the base. have you said the same thing, simplify the tax code, broaden the base. i want to bring down the tax burden on middle-income families. i will work with congress to say, what are the ways to bring down deductions? one way would be to have a single number -- make up a number, 25,000 -- 50,000, anybody can have deductions up to that...
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Oct 12, 2012
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biden: ronald reagan gave specifics to what he was going to cut, number one. number two, 97% of the small businesses in america pay less -- make less than $250,000. let me tell you who some of those other small businesses are, hedge funds that make six, eight hundred million dollars a year. what they count as small business because they're pass-through. let's look at how sincere they are. ronald -- i mean, excuse me, governor romney on "60 minutes," i guess it was about ten days ago was asked, golf, you pay 14% on $20 million. some are making $50,000 pay more than that. do you think that's fair? he said, oh, yes, that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, there's not enough -- the reason why the aei study, the american enterprise institute study, the tax policy center study, the reason they all say it's going to go up on the middle class, the only way you can find
biden: ronald reagan gave specifics to what he was going to cut, number one. number two, 97% of the small businesses in america pay less -- make less than $250,000. let me tell you who some of those other small businesses are, hedge funds that make six, eight hundred million dollars a year. what they count as small business because they're pass-through. let's look at how sincere they are. ronald -- i mean, excuse me, governor romney on "60 minutes," i guess it was about ten days ago...
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Oct 6, 2012
10/12
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in fact, you know, the unemployment rate for ronald reagan was higher and the unemployment rate for the president. >> well, it went to 10.8, i believe... and i mean, if you are saying that ronald reagan inherited a worse economy. >> gregg: he did. >> i don't know how you can make the argument. >> gregg: are you kidding. >> we lost 800,000 jobs. >> gregg: unemployment was higher, inflation was higher and interest rates were higher. >> in twa2009, january we lost 741,000 jobs and if that trend continued, we almost had a second great depression... >> gregg: i hear you. i hear you. justin, a lot of folks are afraid to invest in the stock market. interest rates are so incredibly low, the opposite of what ronald reagan had and, you can't really invest in cd's and money market account and that is not keeping up with inflation. and that left americans with, you know, stagnant savings account and diminished personal wealth and that is an important election factor, too? >> well, especially, it is an important election factor, especially here in the state of florida, we have a large number of seni
in fact, you know, the unemployment rate for ronald reagan was higher and the unemployment rate for the president. >> well, it went to 10.8, i believe... and i mean, if you are saying that ronald reagan inherited a worse economy. >> gregg: he did. >> i don't know how you can make the argument. >> gregg: are you kidding. >> we lost 800,000 jobs. >> gregg: unemployment was higher, inflation was higher and interest rates were higher. >> in twa2009, january...
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Oct 8, 2012
10/12
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think john kennedy of 1960, think ronald reagan in 1980. it's possibly that big because the president seemed to be on a glide path towards re-election and all of a sudden here comes the raging bull, mitt romney, out of the dark and they run for the safety exits instead of counterpunches and getting him hard. what happened to barack obama? i'm not certain. i don't know. but i know this, if he comes to the next two debates with the same demeanor and passive resistance, he's losing. >> you called it one of the worst performances of the time? >> one of the most inept performances by an incumbent president i've ever seen. i'm mystified. we do know these things about barack obama. we know he doesn't like to confront people. we know that -- chris: he doesn't like to fight with hillary clinton. >> he doesn't like to. he's really worried about appearing angry in public and that really isn't his natural demeanor but that was unilateral disarmament and was stunning. when mitt romney gives you an opening to talk about romney's accountant and doesn't sa
think john kennedy of 1960, think ronald reagan in 1980. it's possibly that big because the president seemed to be on a glide path towards re-election and all of a sudden here comes the raging bull, mitt romney, out of the dark and they run for the safety exits instead of counterpunches and getting him hard. what happened to barack obama? i'm not certain. i don't know. but i know this, if he comes to the next two debates with the same demeanor and passive resistance, he's losing. >> you...
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Oct 10, 2012
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. >> this from ronald reagan's old budget director, architect of the largest tax cut in american history? >> it's rank demagoguery. we should call it for what it is. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at two of the topics dominating the american economic landscape: jobs and taxes. first, we meet with president obama's so-called jobs czar. then we visit a struggling town in the heartland. and finally, we take a look at a controversial income tax initiative in washington state. in the first decade of the 21st century, big american firms cut around 3 million jobs in the u.s., while adding almost as many overseas. no company went global more aggressively than general electric, the conglomerate that makes everything from refrigerators to m.r.i. machines to jet engines. yet as lesley stahl reported in october 2011, when president obama was looking for someone to help get americans back to work, he recruited a most unlikely candidate: the republican ceo of general electric, jeff immelt. >> the mood is dark. people are pissed. why not try to do better? >
. >> this from ronald reagan's old budget director, architect of the largest tax cut in american history? >> it's rank demagoguery. we should call it for what it is. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at two of the topics dominating the american economic landscape: jobs and taxes. first, we meet with president obama's so-called jobs czar. then we visit a struggling town in the heartland. and finally, we take a look at a controversial...
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Oct 14, 2012
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bush than to ronald reagan. in comparison, when you consider ronald reagan was actually willing to raise taxes and the spike in growth that you saw in the 1980s came after a big tax hike. what mitt romney is saying is, no, we can't make the wealthy pay more of their fair share. what we have to do is just cut taxes for everybody, cut tacks for corporations and by doing that by making sure that the people at the very top do better, somehow that will trickle down. what we know is that doesn't work. >> jim, on the campaign trail are you hearing a lot of chatter as well about the moderate mitt? we've heard bill clinton say, oh, the moderate mitt is back, oh -- it sort of comes off the president's post-debate thing about he is lying. that's not what he said. he has completely changed. a, has he completely changed, or have they, what we call putting emphasis on a different syllable? >> i put this to a romney aid viesor, and he pushed back on this. he said that the gvr is talking about bipartisanship more now that he ha
bush than to ronald reagan. in comparison, when you consider ronald reagan was actually willing to raise taxes and the spike in growth that you saw in the 1980s came after a big tax hike. what mitt romney is saying is, no, we can't make the wealthy pay more of their fair share. what we have to do is just cut taxes for everybody, cut tacks for corporations and by doing that by making sure that the people at the very top do better, somehow that will trickle down. what we know is that doesn't...
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Oct 14, 2012
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i was a young staff member in the early '80s when ronald reagan was in the white house and our marine and the unit was attacked by a truck bomb at the beirut airport. dozens of young americans were killed. i had just been to beirut on a senate staff study and shortly after i returned, our embassy was bombed in downtown beirut, killing many more americans, including a good friend of mine who work for usaid. it is very serious business. when tragedies occur in a dangerous world, to attempt to exploit it politically, and i know we're not trying to do that 27 days out from an election, colonel, you testified you had concerns and you were approached -- you are with the utah national guard, correct? >> yes. >> you approach your >> you approach your
i was a young staff member in the early '80s when ronald reagan was in the white house and our marine and the unit was attacked by a truck bomb at the beirut airport. dozens of young americans were killed. i had just been to beirut on a senate staff study and shortly after i returned, our embassy was bombed in downtown beirut, killing many more americans, including a good friend of mine who work for usaid. it is very serious business. when tragedies occur in a dangerous world, to attempt to...
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Oct 7, 2012
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ronald reagan, george bush. we changed america. michael dukakis fought us every step of the way. not that they are not empathetic, it is simply that they will take america backwards. george bush has the experience. with me, the future. a future committed to our family. a future committed to the freedom. thank you, good night, and god bless you. [applause] >> senator bentsen, your closing statement. >> in just 34 days, america will elect new leadership for our country. it is a most important stigs. because there is no bigger job than governing this great country of ours and leading us into its future. michael dukakis and lloyd bentsen offer you experienced, tempered, capable leadership to meet those challenges of the future. our opposition says lower your sights, rest on your laurels. mike dukakis and lloyd bentsen think america can do better. but america can't just coast into the future, clinging to the past. this ray race is too close. the competition is too tough, and the stakes are too high. michael dukakis and lloyd bentsen think america must move into that future united in a
ronald reagan, george bush. we changed america. michael dukakis fought us every step of the way. not that they are not empathetic, it is simply that they will take america backwards. george bush has the experience. with me, the future. a future committed to our family. a future committed to the freedom. thank you, good night, and god bless you. [applause] >> senator bentsen, your closing statement. >> in just 34 days, america will elect new leadership for our country. it is a most...